Report: Amazon Music subscriptions grew by 104% in last year
Posted on: 9 juillet 2020, by : Stuart Dredge

Research firm Counterpoint Research has published its latest estimates for the size of the music streaming market globally. It claims that by the end of March there were 394m music subscriptions globally, representing year-on-year growth of 35%.
Counterpoint also offered its estimates for some of the biggest players, suggesting that Spotify accounted for 33% of subscriptions and 30% of subscription revenues at the end of Q1 2020, followed by Apple Music (21% of subscriptions and 25% of revenue).
Amazon is the big grower though: Counterpoint claimed that its subscriptions more than doubled (104%) year-on-year, while its share of revenues was 12%, ahead of fourth-ranked YouTube Music (9%) and fifth-placed Pandora (5%).
The post Report: Amazon Music subscriptions grew by 104% in last year appeared first on Music Ally.
Source: Music ally

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